en.nhaban.vn - Vietnam Real Estate News

The real estate market continues to show mixed developments as investors seek opportunities during a period of slow liquidity while financial pressure remains high. Land plots are considered unlikely to return to the speculative fever seen in the past and instead need to be supported by actual infrastructure, reasonable prices and residential demand in urbanizing areas. Meanwhile, investors with available cash are looking for deeply discounted properties, especially assets capable of generating rental income. In contrast, many owners of townhouses and villas in southern Vietnam are accepting losses of billions of dong because of financial leverage, although finding buyers remains difficult. In Ho Chi Minh City, several new policies and proposals have attracted attention. The city has proposed allowing certain illegally constructed buildings to remain under conditions if they meet requirements relating to planning, safety, remediation and payment of fines. Developers, trading floors a...

Vietnam’s real estate market, particularly in Ho Chi Minh City, is seeing notable changes in management, transactions and support policies. Developers, trading floors and brokerage businesses are required to update project and transaction information as soon as changes occur instead of waiting for periodic reports. The city has also raised the framework for apartment management service fees to 600-13,700 VND per square meter per month, with the maximum level nearly double the previous regulation. Notably, Ho Chi Minh City has proposed compensation support ranging from 28% to 100% of the land compensation price for buyers of homes and land acquired through handwritten agreements between after July 1, 2014 and before August 1, 2024. In the first 10 months of the year, the city’s real estate business service revenue was estimated at VND 373,011 billion, up 10.8% year on year. Market liquidity is becoming increasingly segmented. Investors with available cash are taking advantage of deep ...

The real estate market is recording mixed developments. In southern Vietnam, many investors in townhouses and villas who used financial leverage are accepting losses of billions of dong to recover capital, yet are still struggling to find buyers. Land plots are also becoming increasingly difficult to sell as speculative cash flows withdraw, exploitation potential remains limited and the risk of capital being tied up rises. Meanwhile, young people remain cautious about taking out home loans because apartment prices exceed their accumulation capacity and lending rates fluctuate. For apartments nearing handover that are being offered at discounted prices, buyers are advised to pay attention to their remaining payment obligations after the principal repayment grace period ends. On a positive note, real estate business service revenue in Ho Chi Minh City during the first 10 months of the year was estimated at VND 373.011 trillion, up 10.8% year on year. The city has also proposed support ...

The real estate market recorded several notable developments, ranging from changing investment preferences to support policies and project implementation. Land plots are becoming increasingly difficult to sell as speculative capital retreats, while this segment offers limited income-generating potential and carries the risk of tying up capital. Meanwhile, apartment prices remain beyond the accumulation capacity of many buyers, and fluctuating loan interest rates are making young people cautious about borrowing for several decades, despite their housing needs. Limited land resources are also putting pressure on the supply of inner-city apartments, pushing new projects toward expanding areas and causing Hanoi’s apartment market to become increasingly segmented. For apartments nearing handover that are being offered at reduced prices, buyers may have greater room to negotiate but should pay attention to the remaining payment obligations after the principal grace period ends. In terms of...

The real estate market recorded several notable developments in major urban areas. In Ho Chi Minh City, the city is considering incentive policies to attract an outlet center project, including land-rent exemptions, tax reductions, interest-rate support and a 50% reduction in administrative processing time. The city also allocated nearly 4.3 hectares of land in the Thu Thiem New Urban Area to Dai Quang Minh Company as payment for the BT contract to build Ba Son Bridge. Meanwhile, a project of nearly 3,800 apartments in Thu Thiem is expected to require total investment of more than VND 39.8 trillion, including the starting price of the land and existing assets as well as construction investment costs. Phat Dat has started construction on the first five towers of the Qtopia project in the Phuoc Hai coastal area of Ho Chi Minh City, while Phu Long inaugurated and handed over the Essensia Sky and Parkway Saigon WorldHotels Residences complex, covering about 3 hectares with nearly 500 produ...

The real estate market is showing mixed developments in demand, capital flows and access to housing. Apartment prices have risen far beyond the savings capacity of many buyers, while fluctuating mortgage rates, reaching 12.4% per year in one case, have made young people cautious about taking on loans lasting decades despite their desire for home ownership. Many developers are also seeking to transfer projects to recover capital and reduce financial pressure, while buyers are prioritizing assets that can be deployed quickly and generate cash flow. HoREA has proposed adding a mechanism allowing investors to negotiate for land-use rights to the draft Land Law, with the aim of removing obstacles for thousands of commercial housing projects. Land auctions continue to attract attention, but prices are becoming increasingly differentiated. A plot of more than 3,300 square meters in the Him Lam Thach Ban residential area in Long Bien is scheduled for auction on December 5, with a starting pr...

The real estate market is seeing several notable developments as financial pressure prompts some developers to seek project transfers to recover capital, while buyers prioritize assets that can be deployed quickly and generate cash flow. From a policy perspective, HoREA has proposed adding a mechanism allowing investors to negotiate for land-use rights to the draft Land Law, with the aim of removing obstacles for thousands of commercial housing projects. In Ho Chi Minh City, nearly 110 hectares in the expanded Le Minh Xuan Industrial Park is planned for conversion to social housing, with groundbreaking expected on December 30 after legal procedures are completed. The city also recorded 3,297 apartments in commercial projects purchased by foreign organizations and individuals from after the merger through the end of October, of which 316 units had received ownership certificates. Supply and investment activity continue to expand in several localities. The project of nearly 3,800 apart...